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Tennessee State University Operations And Supply Chain Management Assignment Help - Cardinal Castles, Inc.


Question - Cardinal Castles, Inc., makes one type of birdhouse that it sells for $30 each. Its variable cost is $14
per house, and its fixed costs total $13,840 per year. Cardinal currently has the capacity to produce
up to 2,000 birdhouses per year, so its relevant range is zero to 2,000 houses.

1: Prepare a contribution margin income statement for Cardinal assuming it sells 1,100 birdhouses
this year. (Input all amounts as positive values. Omit the "$" sign in your response.)

Cardinal Castles, Inc.
Contribution Margin Income Statement
Sales revenue:__________
less: variable costs:__________
contribution margin:__________
less: fixed costs:__________
income from operations:__________

2: W ithout any calculations, determine Cardinal' ...Read More

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